13 March 2020 THE RECONSTRUCTION PLAN OF THE LARNACA MARINA

Property tax up to twelve thousand for tax free

In twelve thousand euros of the five proposed by the Government raised the tax-free amount for real estate the majority of the House.

The amendment was tabled by MP of the Democratic Party Angel Votsi and supported by all parties except the Democratic Rally.

The lost income for the state is estimated at 2.7 million euros, while the exemption will benefit some and forty two thousand smallholders whose property does not exceed, with values ​​of 1980, the twelve thousand.

Vote in favor of the amended bill into law argued 15 MPs (the Democratic Party EDEK, European Party, Environmentalists, Citizens' Alliance and Zacharias Koulias), there were no votes against, while 39 MPs (DISY and AKEL) abstained.

Amendment approved by Votsi 34 MPs (AKEL, the Democratic Party EDEK European Party, Environmentalists, Citizens' Alliance and Zacharias Koulias) and opposed by 20 Members of the Democratic Rally.There were no abstentions.